Paul Singer People Quotations

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.

I know people who are always freeriders and will never get into a fight.

My concern as a citizen and as a money manager is, Oh my God, at what point does a 'whoa' moment happen to these people who own $30 trillion fixed income instruments?

There's a feeling among some people that the Republican party is harsh on some things.

It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their loans.